Current currency exchange rate

Assignment Help Financial Management
Reference no: EM13921093

In 1985, a given Japanese imported automobile sold for 1476000 yen or 8200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in US dollars?

Reference no: EM13921093

Questions Cloud

We learn about a firms capital structure : We learn about how much debt should a firm take or in other words, we learn about a firm's capital structure. Please give your thoughts on this.
What does the breakdown of three one-thirds indicate : What does the breakdown of three one-thirds indicate? Offer some plausible explanation of why overraters are higher up in the organization.
Required return exceed required return : Bradford Manufacturing Company has a beta of 1.45, while Farley Industries has a beta of 0.85. The required return on an index fund that holds the entire stock market is 12.0%. The risk free rate of interest is 5%. By how much does Bradford's require..
Powerful pessimism about the dangers of technologies : In "Why the Future Doesn't Need UsBill Joy expresses a powerful pessimism about the dangers of technologies that may be developed later in our century.
Current currency exchange rate : In 1985, a given Japanese imported automobile sold for 1476000 yen or 8200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in US dollars?
Do you agree with deming that performance evaluations : Do you agree with Deming that performance evaluations based on comparative rank- ings always reduce company value? Explain.
Right legal and procedural safeguards : In In Praise of Big Brother Why We Should Learn to Stop Worrying and Love (Some) Government Surveillance" (pp. 236- 249), James Stacey Taylor argues for the optimistic conclusion that, with the right legal and procedural safeguards, large-scale go..
What are the expected consequences of the new system : What are the expected consequences of this new system? What are the likely outcomes? What are the pros and cons of the new system?
How the results would be used to make a diagnosis : Explain what physical exams and diagnostic tests would be appropriate and how the results would be used to make a diagnosis. List five different possible conditions for the patient's differential diagnosis, and justify why you selected each

Reviews

Write a Review

Financial Management Questions & Answers

  Expected to have free cash flows

Flagstaff Enterprises is expected to have free cash flows in the coming year of $8 million, and this free cash flow is expected to grow at a rate of 3% per year thereafter. Flagstaff has an equity cost of capital of 13%, a debt cost of capital of 7%,..

  Expected return and standard deviation of market portfolio

Imagine an economy that is only made of two stocks and a risk-free security, with the following data. Number of Shares Share Price Expected Return Standard Deviation. What are the expected return and standard deviation of the market portfolio?

  Develop a spreadsheet model for a listed australian company

The Assignment for Accounting Modelling ACCT3003. Develop a spreadsheet model for a listed Australian company using advanced MS Excel functions as part of its construction with a written explanation of your financial model and how the output from ..

  Value the option using a two-step tree formula

A stock price is currently $50. Over each of the next two 3-month periods it is expected to go up by 7% or down by 5%. The risk-free interest rate is 5% per annum with continuous compounding. The strike price is $52 for a European call. alue the opti..

  Firm presents value capital structure described

Market value will be 60 millions. During the year company will raise and invest 20 million in new projects. The firm presents value capital structure described below. No short -term debt. Debt: 30,000,000 Common equity: 30,000,000 and Total equity: 6..

  Calculate the expected return and variance of your portfolio

You have three assets X, Y and Z with expected returns of 10%, 15% and 20%, respectively. The weights of the first two assets are 50% and 70% respectively. Calculate the expected return and the variance of your portfolio

  Mistakenly made public the personal information

Spotlight on AOL— Common Law. AOL, LLC, mistakenly made public the personal information of 650,000 of its members. The members filed a suit, alleging violations of California law. AOL asked the court to dismiss the suit on the basis of a “forum- sele..

  Touching up peeling paing is an example of curing

Touching up peeling paing is an example of curing

  International finance areas

The paper should integrate 4-6 citations and will be evaluated on adherence to the international finance areas, such as the clarity, efficiency, and effectiveness of communication, the appropriate use of financial terms, the level of thought commu..

  Number of periods of a single payment

If you deposit money today in an account that pays 8.5% annual interest, how long will it take to double your money? Round your answer to the nearest whole number

  Determine the cost of equity based on capm

Determine the cost of equity based on CAPM? Compute the firm's WACC? Estimate the cash flow for each year of this project

  Value of operations of constant growth firm

EMC Corporation has never paid a dividend. Its current free cash flow of $500,000 is expected to grow at a constant rate of 5.9%. The weighted average cost of capital is WACC = 14.75%. Calculate EMC's estimated value of operations.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd